Tarek El-Sadany - CEO of Technology Innovation and Entrepreneurship Center
1. Tarek El-Sadany – CEO
Technology Innovation and
Entrepreneurship Center
2. Agenda
ICT Innovation & Entrepreneurship
Strategy
Technology Innovation and
Entrepreneurship Center (TIEC)
2Technology Innovation and Entrepreneurship Center
4. 1980
Government
demonstrated
a clear push
towards ICT
sector
1990
Establishment
of MCIT
2000
ICT Master
Plan was
formulated
2007
ICT strategy
declaration
2010
ICT New
strategy
Focus on
Innovation
MCIT StagesofDevelopment
5. Technology Innovation and Entrepreneurship Center 5
Traditional differentiators are unsustainable over the long term
The ability to ‘out-innovate’ competitors is especially relevant in
ICT
Innovation can provide long term and sustainable differentiators
that enable ICT sector growth
Innovation can provide social benefits in the form of
employment, efficiency, and quality of life, and do so more
effectively than other potential actions
Moreover, Egypt’s current ICT strategic direction provides a
strong base from which to start
WhyEgyptneedstoEmbrace
Innovation?
6. “ To Enable Egypt to become the
leading regional hub and world-
class destination for ICT-based
Innovation & Entrepreneurship “
InnovationandEntrepreneurship
Strategyvision
7. MCIT ITIDA TIP, NU Defining the KPI Metrics
Defining the
measurement process
Phase 1 Data Gathering Phase 2 Data Gathering Phase 3 Data Analysis Phase 4 Strategy Setting Phase 5 KPI Setting
GITR /GII analysis Firm Level Benchmarking Strategic FrameworkQuestionnaire TDF ITIDA
Objectives of
ICT
Innovation
Egypt
Environment
Axis
Egypt Firm
Axis
Bridging
Data Gaps
Action Plans Strategy
KPI
Dashboard
MNC interviews GITR /GII Country
Comparisons
Environment level
Benchmarking
Targets and goal
setting
Qualitative
interviews
NTRA
MoHE
Focus group
Methodologyof Work
OUTPUT
ICT Innovation and
Entrepreneurship
Strategy
9. TIECinBrief…
Technology Innovation and Entrepreneurship Center 9
Name:
BirthDate:
Location:
Framework:
Birth Certificate
Technology Innovationand Entrepreneurship Center
27Sep.2010
SmartVillage
Tostimulateaninnovation-basedeconomythroughstrategizing,facilitating,and
promotinginnovation,entrepreneurship,andthecreationofintellectualproperty
in ICTand its applications.
Public-Private Partnership(PPP)
Mission:
10. Why?
• Attract FDI to
enhance
innovation
• Create high
value adding
jobs
• Impact Egypt’s
information
society
• Brand Egypt
innovation
What?
• Inspire
• Innovate
• Impact
How?
• Learn
• Localize
• Leapfrog
CenterPhilosophy
11. Inspire
Innovate
Impact
The“What”
Technology Innovation and Entrepreneurship Center 11
• Egypt can position itself as a regional and global leader
in innovation in the ICT sector
• Attract foreign investments
• Inspire domestic entrepreneurs
• Egypt can
• Leverage its human capital and grow its
innovation-driven ICT services
• Create new jobs in the ICT sector
• Egyptian society can benefit from the enhanced
adoption and use of ICT technologies
12. The“How”
Technology Innovation and Entrepreneurship Center 12
Learn
Localize
Leapfrog
• Learning will occur from knowledge acquired
• Success in innovation will stimulate the creation of local
content
• Egypt can overcoming existing hurdles
13. TIEC MainObjectives
Technology Innovation and Entrepreneurship Center 13
Act as a catalyst among : Government - private sector - Academia
Mobilize the different components of the ecosystem
Define, manage, and coordinate the various programs and initiatives derived
from the Innovation & Entrepreneurship Strategy jointly with the different
stakeholders
Focus on generating revenue from commercialization of Innovations and IP
licensing
Solve national existing problems
Brand Egypt as a global competitor in high value-added innovation
15. Pillar1:InnovationCulture
The concept of an innovation
culture is meant to represent
all aspects of developing an
outlook that fosters and
encourages innovation at all
levels of business, with
particular attention paid to
Education.
Technology Innovation and Entrepreneurship Center 15
Clusters&Optimization
IPExchange
InnovationBrand&Prize
InnovationCulture
Resources
BusinessEnvironment
Key Performance Indicators
ICT Innovation Strategic Pillars
16. Technology Innovation and Entrepreneurship Center 16
Repository Sharing Certification Training
Courses
Egypt ICT
Foundation
Brand
Repository
White Papers Courses Open Data
Egypt
Pillar1:InnovationCulture
17. Clusters&Optimization
IPExchange
InnovationBrand&Prize
InnovationCulture
BusinessEnvironment
Key Performance Indicators
ICT Innovation Strategic Pillars
Clusters&Optimization
IPExchange
InnovationBrand&Prize
InnovationCulture
BusinessEnvironment
Pillar4:ClustersandOptimization
This direction examines how
best to capitalize on the work
Already done in Egypt around
the “SmartVillage” concept,
and how to replicate it
elsewhere in the country, as
well as develop the robust
associated industries that
would be needed to make a
cluster self-sufficient.
Technology Innovation and Entrepreneurship Center 17
Resources
18. Pillar4:ClustersandOptimization
Technology Innovation and Entrepreneurship Center 18
Funding Gap Business
Angles
VC arms of
Firms
Spin-offs Technology
Scan
Networking
Platform
Brand Strategy
for Clusters
Business Plan
Competition
Citizen Funds Local
Community
20. Cloud Computing Technology
Competency Center
Technology Innovation and Entrepreneurship Center 20
IMPACT
International Innovations in Cloud Computing
Technology Adoption by local and Regional Market
Increased technical competitiveness of local and Regional
talents
Data Centers
S/W Companies
Academia
21. Mobile Computing Entrepreneurial
Center
Technology Innovation and Entrepreneurship Center 21
• International Innovations in Mobile Computing.
• Technology Adoption by local Market.
• Increased technical competitiveness of local talents
• Developers Community
• Mobile Apps. Start-ups
22. Pillar2:InnovationBrandandPrize
The Innovation Repository
offers a number of prizes
aimed at producing
innovation in fields most
desirable for overall
development
Technology Innovation and Entrepreneurship Center 22Clusters&Optimization
IPExchange
InnovationBrand&Prize
InnovationCulture
Infrastructure
BusinessEnvironment
Key Performance Indicators
ICT Innovation Strategic Pillars
23. Pillar2:BrandandPrize
Technology Innovation and Entrepreneurship Center 23
Brand Equity
Foundation
Investment Fair Relationships Celebrate
Innovation
Innovation
Audit
Innovation Prize University
Innovation
Role Model
25. Dr.Tarek El-Sadany - Chief Executive Officer
T : (+202) 3534 1662
F : (+202) 3537 0703
tsadany@tiec.gov.eg
Editor's Notes
In Innovate Row:
By 2014, Egypt can
Leverage its human capital and grow its innovation-driven ICT services revenues by US$0.7bn by 2014 (plus a further US$0.5bn from new technology firms and licensing)
Create42,000 new jobs in the ICT sector by 2014
Learning will occur from knowledge acquired through technology transfers, partnerships and other adaptation of best practices from other countries, as well as from local success stories
Success in innovation will stimulate the creation of local content in production, export value and information generation across Egypt’s ICT sector, and society in general
Egypt can overcoming existing hurdles by finding creative ways to leapfrog and innovate in ICT and make progress with regard to foreign investment, job creation, and new ways of innovating and doing business
Innovation Pillars – brief description
Innovation Culture
Nothing happens in a vacuum. For innovation to flourish, the culture of business needs to be supportive. The concept of an innovation culture is meant to represent all aspects of developing an outlook that fosters and encourages innovation at all levels of business, with particular attention paid to Education. Within this direction are measures designed to bring the idea of innovation to a wide public, and to provide services to those already engaged in creating the ‘next big thing’
Innovation Brand and Prizes
Foreign Direct Investment (FDI) is of vital importance to the development of the ICT sector. To that end, Innovation Brand seeks to promote Egypt as an “Innovation Hub”, highlighting the competitive nature of its infrastructure and the strong desire of government to assist companies in locating facilities in the country. A radical component of this is the Innovation Prize Series – a collection of prizes on offer to those entrepreneurs (both foreign and domestic) who can successfully solve ICT-related challenges.
IP Exchange
The IP Exchange serves as a unique clearing-house and facilitator, reducing the costs of registering and using Intellectual Property (IP) by serving as a central point for help and guidance as well as a place where IP can be bought and sold. By providing such an exchange, companies can quickly and efficiently develop their own IP strategies as well as identify and license those technologies they need for their businesses to thrive.
Clusters and Optimization
Some of the most successful Innovation Hubs are clusters that have developed spontaneously around resources such as Universities, Government grants and specific technologies. This direction examines how best to capitalize on the work already done in Egypt around the “Smart Village” concept, and how to replicate it elsewhere in the country, as well as develop the robust associated industries that would be needed to make a cluster self-sufficient (such as Venture Capital).
Business Environment
Making it easier to be an entrepreneur means examining closely the business environment in which firms operate. This direction focuses on the legal, fiscal and regulatory environment with a view to easing the burden on starting companies, finding the talented people need to operate them and capitalizing on their success to fuel the next round of start-ups.
Infrastructure
Both technology and people are cornerstones of a knowledge economy. Without the technology to provide connectivity and services wherever needed, it is very difficult to capitalize on the potential of an economy. Without smart, motivated and qualified people, companies cannot innovate and grow. This direction looks at both issues and how best to meet the challenge of providing sufficient quantities of both.
Concept
A repository of best practice when it comes to innovation
Sharing of processes to best promote innovation (both in MNCs and SMEs)
Bring in external success stories and learn lessons
In collaboration with Universities / Research canters
Background
Setting standards around best practice has proved highly effective at raising quality levels
Software quality metrics
Building codes
Medical checklists
Create a repository of best practices in ICT innovation (in MNCs and SMEs)
Create a database of experts working in innovation in the ICT sector providing easy links to the best of Egypt’s best
Offer certification in innovation for local and regional firms
Implement training courses for enhancing innovation, improving innovation certification levels and moderating sharing of innovation ‘war stories’
Create Egypt ICT Foundation to provide funding for advanced research in ICT to leading Egyptian firms and universities
Use Repository as element of brand strategy by opening access to companies and experts from outside Egypt (coordinated, rich content, MNC/FDI friendly)
Publish research and white papers on ‘Innovation success stories’ highlighting how innovation can work in Egypt/regionally
Use learning from the Repository to seed Innovation/Entrepreneurship courses at university level
Launch Open Data Egypt initiative to give citizens access to high value, machine readable datasets from the government
Growth can be stimulated through incentives
Tax packages
Shared services
Reducing paperwork/ filing burden
Increase funds to bridge the Funding Gap along the innovation process (e.g., enhance/grow public innovation fund, work with TIP/TDF)
Create community of local business angels and sources of venture capital focused on clusters
Target VC arms of existing global firms in Egypt to invest in early stage local ventures
Encourage creation of venture funds within local (large) firms to fund innovative ideas and spin-offs from own employees
Create a technology observatory to scan and identify key future technologies for Egypt’s ICT industry’s development
Provide platforms to bring together diverse groups (entrepreneurs, VCs, academics, etc.) to discuss and catalyze entrepreneurial activity
Create a brand strategy for each cluster/smart village
Enhancing and widening business plan competitions for university graduates/faculty (with ITAC)
Provide financial vehicles for Egyptian citizens to invest in innovative ICT SMEs
Create social and project-based interaction between clusters and local communities
PlugandPlay (PnP) incubator in Cairo – an important step to promote entrepreneurship and innovation in Egypt. PlugandPlay will house hundreds of entrepreneurs in the next three years. entrepreneurs will be mentored, financed to accelerate the growth of the most promising start-ups in Egypt .
Concept
A repository of best practice when it comes to innovation
Sharing of processes to best promote innovation (both in MNCs and SMEs)
Bring in external success stories and learn lessons
In collaboration with Universities / Research canters
Background
Setting standards around best practice has proved highly effective at raising quality levels
Software quality metrics
Building codes
Medical checklists
Create an Egyptian Innovation Brand Equity Foundation to promote Egypt’s profile as a FDI destination
Organize Egyptian
Continue and expand Egypt’s relationships with key global organizations (such as ITU, GSMA, OECDetc.) Investment Fairs/Events in selected locations
Create awards for celebrating ICT innovation for both large/small firms and public entities
Identify or create a neutral entity to audit and certify the innovation readiness of firms
Create Innovation Prizes to encourage innovation to solve local ICT issues
Create awards for celebrating ICT innovation in universities (possibly in collaboration with global firms)
Run a public campaign to showcase the success of innovative Egyptians as ICT role models